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Author Topic: GTI mk 7.5 depreciation  (Read 4239 times)

Offline candywhite12

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GTI mk 7.5 depreciation
« on: 22 August 2017, 21:02 »
hi all,

have the chance to lease the new GTI and was wondering whether anyone has an idea (a professional one would be welcome) what the depreciation of the car will be in the next 3, 4 and 5 years.

thanks in advance
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Wife's: mk8 TSI 1.4 RL, 5dr atlantic blue, DSG, Norfolk 17", pan s/r, leds
Now: mk7.5 TSI 1.4 RL, 5dr tornado red, DSG, Singapore 17", pan s/r, leds
Before: mk6 GTI 5dr candy white, DSG, Monza Shadow 18", s/r, bi-Xenons, DCC
Even before that: mk5 GT 5dr tornado red, manual, s/r

Offline Guzzle

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Re: GTI mk 7.5 depreciation
« Reply #1 on: 22 August 2017, 21:27 »
Difficult to say with any certainty, but it might be worth starting by looking at what cars at those ages are currently worth;-

https://www.capconnect.co.uk/ConsumerValues/Ford.aspx?DB=CAR&CH=PWRTZ&New=1

If you're seriously thinking of leasing, it's best to keep the term short, and avoid the longer term agreements. In doing so you avoid things like MOT's, scheduled maintenance and the pitfalls of running a car outside warranty.
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7.5 GTD

Offline 2007GTI

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Re: GTI mk 7.5 depreciation
« Reply #2 on: 22 August 2017, 22:16 »
On a side note, that cap valuation tool is interesting, I've been using the free HPI valuation tool.

This is better as you can add options.

From checking 3 GTIs on auto trader with dealers they are all exactly £2000 more than the top trade in price for a clean car. I guess that's standard on a £20k car.
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2014 Mk7 GTI DSG 5dr in Carbon Grey, 18s, leather

Gone but not forgotten '07 Mk5 GTI DSG (2006 to 2014)

Offline fredgroves

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Re: GTI mk 7.5 depreciation
« Reply #3 on: 22 August 2017, 23:18 »
See if you can get a pcp quote at three, four and maybe five years. The guaranteed future value will be roughly slightly below trade in value.. Or should be.

One thing you haven't mentioned is mileage. This will be the biggest factor in any future valuation.
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Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline Guzzle

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Re: GTI mk 7.5 depreciation
« Reply #4 on: 22 August 2017, 23:37 »
That's a good point Fred. If you visit the VW website and use their finance calculator, I think it does provide guaranteed minimum future values. The 'guaranteed' part should be taken with a pinch of salt though for the purposes of this exercise.
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7.5 GTD

Offline Alun

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Re: GTI mk 7.5 depreciation
« Reply #5 on: 22 August 2017, 23:43 »
A new golf mk8 I believe will be released in 2019 which might bring the cost of the mk7.5 down a bit?
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Offline fredgroves

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Re: GTI mk 7.5 depreciation
« Reply #6 on: 23 August 2017, 07:48 »
I should have said before, if you are leasing then the lease price is the lease price. The depreciation isn't your problem but just a factor in the monthly payments... Unless you are planning on leasing vehicles to others, I'd not worry about this figure.
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Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline mustard

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Re: GTI mk 7.5 depreciation
« Reply #7 on: 23 August 2017, 09:17 »
Golfs generally are around mid 50 to 60% after three years, of course subject to mileage and condition.
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Offline 2007GTI

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Re: GTI mk 7.5 depreciation
« Reply #8 on: 23 August 2017, 09:30 »
Presume you mean 50-60% of RRP?

Obv of you got £4K off at DTD, it would be different!
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2014 Mk7 GTI DSG 5dr in Carbon Grey, 18s, leather

Gone but not forgotten '07 Mk5 GTI DSG (2006 to 2014)

Offline Alun

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Re: GTI mk 7.5 depreciation
« Reply #9 on: 23 August 2017, 14:43 »
Quote from: fredgroves on 23 August 2017, 07:48
I should have said before, if you are leasing then the lease price is the lease price. The depreciation isn't your problem but just a factor in the monthly payments... Unless you are planning on leasing vehicles to others, I'd not worry about this figure.

Yes I forgot about that to be honest, therefore a new model if released in 2019 makes no difference then.
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